Hi Everyone,I closed on my first TK property in Memphis, TN on August 17th. Yay me! Found out during the rehab's home inspection that there were (inherited) tenants in the property during the rehab, I thought this was...
I know the title is awesome. I would like to hear from all of you, the professionals! Though I am a newbie, please don't assume that I haven't done my due dilligence. I have been studying real estate for a few years. ...
I'm looking to invest in the Houston, TX area, but the property taxes seem to kill cash flow. Does anyone have insight on their experience
Hello,I keep coming across a lot of discussion buying a house and that it is a liability, not an asset. Well if that is the case then when can I buy a house or should I always rent one? Or do "they" mean to buy a hous...
I have a tenant who has paid insufficient rental payments for a few months in a row (rather than the $1,900 rental payment due, he pays $1,800). The remaining and late $100 is paid very late in the month. For the...
I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...